Strategies of Commitment and Other EssaysAll of the essays in this new collection by Thomas Schelling convey his unique perspective on individuals and society. This perspective has several characteristics: it is strategic in that it assumes that an important part of people's behavior is motivated by the thought of influencing other people's expectations; it views the mind as being separable into two or more parts (rational/irrational; present-minded/future-minded); it is motivated by policy concerns--smoking and other addictions, global warming, segregation, nuclear war; and while it accepts many of the basic assumptions of economics--that people are forward-looking, rational decision makers, that resources are scarce, and that incentives are important--it is open to modifying them when appropriate, and open to the findings and insights of other social science disciplines. |
Contents
Preface | vii |
Strategies of Commitment 1 | xiv |
CLIMATE AND SOCIETY | 25 |
What Makes Greenhouse Sense? | 27 |
The Economic Diplomacy of Geoengineering | 45 |
Intergenerational and International Discounting | 51 |
COMMITMENT AS SELFCOMMAND | 61 |
SelfCommand in Practice in Policy and in a Theory of Rational Choice | 63 |
What Do Economists Know? | 147 |
Why Does Economics Only Help with Easy Problems? | 152 |
Prices as Regulatory Instruments | 166 |
WEAPONS AND WARFARE | 209 |
Meteors Mischief and War | 211 |
Research by Accident | 217 |
Reflections and Lessons | 226 |
SOCIAL DYNAMICS | 233 |
Coping Rationally with Lapses from Rationality | 82 |
Against Backsliding | 107 |
The Cigarette Experience | 114 |
SOCIETY AND LIFE | 125 |
Life Liberty or the Pursuit of Happiness | 127 |
Should Numbers Determine Whom to Save? | 140 |
ECONOMICS AND SOCIAL POLICY | 145 |